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Wednesday, March 21, 2007

Angel Investments Increase In 2006

Angel investors increased their investments in new companies by 10.8 percent in 2006, according to a new study that was released this week. The study, by the Center for Venture Research at the University of New Hampshire, reported that angel investors invested $25.6B in 2006. The study, said that there were 51,000 entrepreneurial ventures receiving angel funding in 2006, and 234,000 individuals that were active angel investors. Among the indutries funded by those investors were healthcare services, medical devices, and equipment, which received 21 percent of total angel investments, followed by software and biotech, both with 18 percent of deals. The Center for Venture Research said that it angel investments were a significant contributor to job growth, with 201,400 new jobs created in 2006 due to angel investments.